然而西班牙正在经历苦难。
The real concern now is not Portugal but Spain.
现在真正应该关心的不是葡萄牙而是西班牙。
But Spain has work to do if it wants to build on that momentum.
但如果西班牙若想趁着这个势头有所作为，它还有很多工作要做。
But Spain must one day do a lot more to put its own house in order.
但是总有一天，西班牙要先整理一下自家的后院。
But Spain isn't an American state, and as a result it's in deep trouble.
然而西班牙并非美国的一个州，所以它深陷麻烦之中。
Greece and Portugal are small countries, but Spain is about five times their size with regards to GDP.
希腊和葡萄牙是小国家，而西班牙的GDP相当于它们的5倍左右。
But Spain no longer has its own money, which means that it can regain competitiveness only through a slow, grinding process of deflation.
然而，西班牙不再拥有自己的货币，这就意味着它只能通过缓慢而折磨人的通货紧缩来重新恢复竞争力。
Prices may be stubbornly rising in the UK but Spain is now in outright deflation (exclude energy and food, and prices are falling) and core inflation across Europe and the US is very low.
英国的物价可能在持续上升，但西班牙目前陷入了完全的通缩状态（不包括能源和食品的价格指数持续下降），而且欧洲各国和美国的核心通胀率都非常低。
Only a short campaign took place in Puerto Rico, but after the war Spain ceded the island to America.
波多黎各岛仅经历了一场短暂的战斗，但大战后西班牙把该岛割让给了美国。
Most large supermarket chains have cured ham in little packets, but in Spain you can buy a whole leg.
大多数大型连锁超市卖的都是小包装腌火腿，但在西班牙你可以买到一整只腌火腿。
Every two years, there is a strange but fun competition Human Towers in Spain.
在西班牙，每两年就会有一场奇怪而有趣的“人塔”比赛。
We might expect that early artistic efforts would be crude, but the cave paintings of Spain and southern France show a marked degree of skill.
我们可能会认为早期的艺术作品是粗糙的，但西班牙和法国南部的洞穴壁画表现出了出众的技巧。
Only about 13% of that land is subject to the new agreement, but that is still an area greater than that of Spain and Portugal.
只有大约13%的土地受新协议的约束，但这仍然比西班牙和葡萄牙的面积大。
Spain has lovely white towns and the scent of oranges, but it is also a treasury of ancient remains including the cities left by the Greeks, Romans and Arabs.
西班牙有可爱的白色小镇和橘子的香味，但它也是古代遗迹的宝库，包括希腊人、罗马人和阿拉伯人留下的城市。
The company is doing reasonably well in Russia and Spain but in Italy its distribution partner asked the company to redesign its casing and packaging.
该公司在俄罗斯和西班牙做得相当不错，但在意大利，汉王的经销伙伴要求该公司重新设计其包装。
Only a few CSPV plants are in operation, including a 500-kilowatt test plant from the company SolFocus in Spain, but more are on the way.
只有几个CSPV电厂在运营，包括西班牙索福克斯公司建造的一个500千瓦的试验电厂，但更多电厂正在建设当中。
Its Normandy cottage was a long way not just from Spain, but from its traditional base in south-west France.
它的诺曼底村舍不仅远离西班牙而且远离其法国西南部的传统基地。
Property prices are still rising in Spain, but the rate of increase is slowing.
整个西班牙的房价仍在上涨，但是涨幅很小。
House prices turned up in Britain and stabilised in America (chart 1) but slid further in Spain.
房价在英国开始回升，在美国开始企稳(图1)，但在西班牙却越跌越深。
A year ago it was said that the euro zone could take care of two or three small countries but that Spain was too big to fail.
一年前，据说欧元区可以承受两到三个小国家，但是一个西班牙就太大了。
Retail sales picked up in Germany in April, and again in May, but faltered in Spain and Italy.
德国4月份零售销售额上升，5月也如此，但是西班牙和意大利的零售业就不太稳定了。
Most Western countries (but not, eg, Spain) accept that Kosovo's Albanians had that right.
大部分西方国家(但不是所有，例如西班牙)接受科索沃的阿尔巴尼亚人有自决权。
But would they have saved Spain or Ireland?
但它们能拯救西班牙或爱尔兰吗？
But they also exposed the vulnerability of Spain and Italy.
但这也暴露出了西班牙与意大利的脆弱。
But Greece, Spain and Ireland don't have that option - they don't even have their own monies, and in any case they need deflation to get their costs in line.
但是希腊、西班牙和爱尔兰却没有这种选择——他们没有自己的货币，在任何情况下都需要通过通货紧缩使成本控制在范围之内。
But unlike America, Spain is on the edge of a debt crisis.
但是，跟美国不同的是，西班牙正处于债务危机的边缘。
But now Spain and Italy are converging in a new way.
但是现在，西班牙和意大利以一种新方式会合了。
But now Spain and Italy are converging in a new way.
但是现在，西班牙和意大利以一种新方式会合了。
应用推荐